ALABAMA BANKING SERVICES, INC (AL) - 2020 PPP Loan Borrower Profile (# 4998498205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA BANKING SERVICES, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

4998498205

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$49,400

Date Loan was Approved

Aug 7, 2020

Amount Forgiven

$49,704.63

Date Loan was Forgiven

Mar 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

49,400

Lender

River Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

813910

Borrower Location

MONTGOMERY, AL

Project Location

MONTGOMERY, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.